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The key findings of surveys and recommendations have been submitted to the RBI Committee on Deepening of Digital Payments. (Photo: ANI)

NEFT transactions to be available 24x7 from Dec 16

RTGS is meant for large-value instantaneous fund transfers, while NEFT is used for fund transfers of up to Rs 2 lakh.

7 Dec 2019 11:26 AM IST

Children may need more snacks and to eat more frequently. For adults, many dietitians saying what works for one person might not for another. (Photo: AP)

India is snacking nation, finds global survey

Hold your breath. The Mondelez study has many more interesting things to offer.

7 Dec 2019 1:53 AM IST

Investors added risk in November as their portfolios are no longer explicitly geared to assets that outperform in a low growth & low inflation backdrop, the survey said.

Consumer confidence dips to 5-year low

The Future Expectations Index that assesses the one-year ahead expectations also fell to 114.5 from 118.0. It has been...

7 Dec 2019 1:49 AM IST

According to forex experts, the rupee would continue to remain weak on global and domestic concerns.

Most weavers earn less than Rs 10,000

The census claims that there is an improvement in the income levels of the weaver households from the 2007 census.

7 Dec 2019 1:43 AM IST

Aditya Birla Group chairman Kumar Mangalam Birla. (Photo: File)

Voda Idea to shut down if no relief comes: Kumar Mangalam Birla

Vodafone Idea shares fell over 5 per cent on Friday, spooked by Birla's comments. The stock slumped 5.34 per cent at Rs...

7 Dec 2019 1:38 AM IST

In India, banks will face the maximum pressure on income from card transactions and fees, with free payments putting 8.4 per cent of the payments revenue at risk.

PSBs may get nod to hold over 10 per cent in two insurers

An entity holding over 10 per cent in an insurance company is categorised as a promoter while one holding below that...

7 Dec 2019 1:32 AM IST

Govt asks e-commerce firms to file FDI compliance report annually

Trader bodies have been raising concern over violation of foreign direct investment (FDI) norms.

6 Dec 2019 4:01 PM IST

While onion prices have been going through the roof and had hit Rs 100 a kg in some markets, 63 per cent of the onions kept in the governments buffer stock had to be wasted as it became unusable.

Retail onion prices touch Rs 140 per kg mark in some cities

The average modal price of onion in the retail markets was ruling at Rs 110 per kg

6 Dec 2019 12:55 PM IST

Global rating agency Moodys Investors Service on Tuesday placed Yes Banks foreign currency issuer rating of Ba1 under review for downgrade.

Yes Bank stock slumps over 5 pc on ratings downgrade

The lender's shares were trading at 58.75 apiece, down 5.39 per cent on the BSE.

6 Dec 2019 11:04 AM IST

Though Dubai depends less on oil income, fluctuations in crude oil prices have affected all sectors of its economy. The slowdown took its toll on the small and unorganised sectors in the form of unpaid outstanding dues for companies, unpaid wages for workers and large scale job losses.

Oil drops as market awaits ratification of OPEC+ supply cut

The group has been withholding 1.2 million bpd and the increased amount represents about 1.7 per cent of global oil...

6 Dec 2019 9:56 AM IST

The government hopes that this measure will increase the production of jute goods in India which has been stagnating for the past three years despite all the incentives had supposedly providing the sector.

Soon, govt agencies will procure foodgrains only in jute bags

The production of jute goods over the last few years by the jute mills has remained consistent, Minister of Textiles,...

6 Dec 2019 4:26 AM IST

Insurance regulators decision mandating NABH accreditation for Ayush hospitals for getting insurance coverage will exclude more than 95 per cent of the facilities in the country.

NABH rule will deny cover to 95 per cent Ayush hospitals

While NQAS is mainly meant for government institutions, private hospitals require NABH accreditation.

6 Dec 2019 4:23 AM IST